Investment Analysis — 8 Parker Rd #4

Wakefield, MA 01880

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01880 carries an estimated $2,180/mo in gross rent — about a 3.17% cap rate and $12,034/yr in estimated NOI at the $379,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

557

Style

Condominium

Built

1923

Bright and inviting 1-bedroom, 1.5 bath condominium unit located on the desirable west-side of Wakefield! This unit includes updated kitchen with granite countertops, gas fire place and open floor plan which is ideal for either entertaining or unwinding. Large, sun-filled bedroom with full bath along with central air conditioning, gas heat, and an additional half bathroom that provides convenience and flexibility for residents and guests. Additional features include beautiful hardwood floors, high ceilings and 1 off-street deeded parking space. Also includes NEW roof and private laundry in basement. Easy access to Routes 95/93/1, commuter rail, Lake Quannapowitt and Wakefield’s downtown shopping and restaurants. This condominium presents a unique opportunity for cozy comfort and convenience at a great value!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.